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Armada Technologies and Qatar Shipyard Technology Solutions Sign an MoU

Armada Technologies

Published Jun 17, 2024 11:31 AM by The Maritime Executive

[By: Armada Technologies]

Armada Technologies™ (Armada), a provider of a new, second-generation innovative hull air lubrication system and Qatar Shipyard Technology Solutions, have signed a Memorandum of Understanding (MoU) to collaborate on installing Armada’s Passive Air Lubrication Systems (PALS) on vessels. The partnership aims to improve vessel energy-efficiency, reduce operating costs, and minimize the emission of carbon and other pollutants to ships.

Under the terms of the MoU, Qatar Shipyard Technology Solutions and Armada will explore a business relationship and potential opportunities to incorporate PALS into vessels owned by former’s customers. Armada will provide technical and commercial support to facilitate the integration of PALS into vessel designs, including initial efficiency saving estimates and design information on proposed installations.

"We are excited to partner with Qatar Shipyard Technology Solutions to drive the adoption of PALS in the maritime industry," said Alex Routledge, CEO of Armada Technologies. "By combining our expertise in air lubrication systems with Qatar Shipyard Technology Solutions’ extensive network and reputation, we can make a significant impact in reducing the environmental footprint of vessels while also improving their operational efficiency."

The MoU signifies a commitment from both parties to work diligently towards delivering these objectives by 1 December 2024.

"This collaboration with Armada aligns perfectly with our mission to provide innovative and sustainable, effective solutions to our customers," said Damir Glavan, Chief Executive Officer at Qatar Shipyard Technology Solutions. "By offering PALS as an option for vessels, we can contribute to the maritime industry's efforts to reduce emissions and promote cleaner, more efficient operations."

Andrew Marshall, CEO of Ecochlor, expressed his support for the collaboration, stating, "The association between Ecochlor and Armada Technologies continues to support the development of a game-changing solution for hull air lubrication in the marine industry. As execution partner to this MoU, we are committed to leveraging our expertise in global sales, marketing and engineering to ensure PALS delivers consistent and ongoing fuel savings regardless of vessel type and operating condition worldwide. We are proud to have Armada as part of our portfolio of offerings in ‘green’ technology and remain steadfast in our commitment to driving lasting, positive change to assist shipowners in their decarbonization efforts."

Armada and Qatar Shipyard Technology Solutions are committed to working together to drive the adoption of energy-efficient technologies and contribute to the global effort to combat climate change.

The products and services herein described in this press release are not endorsed by The Maritime Executive.